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UREA SUBSIDY SHORTFALL
A ₹3 lakh crore rain check? India’s monsoon now comes with a Hormuz fine printIndia’s fertiliser supply chain is under strain as the West Asia conflict disrupts shipping through the Strait of Hormuz, a critical route ...- India's fertiliser subsidy bill for FY27 may rise by Rs 70,000 cr on West Asia crisis, official saysIndia's fertiliser subsidy bill could rise by Rs 70,000 crore to Rs 2.41 lakh crore in 2026-27. This increase is driven by higher import co...
- Nepal to procure 80,000 tonnes of fertiliser from India as Iran disrupts global supply chainsNepal will purchase 80,000 tonnes of fertilizer from India through a government-to-government deal to mitigate the impact of global supply ...
- India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
- Led by urea, fertiliser subsidies to soar 62 pc this fiscal on rising input costs: ReportAn unprecedented spike in natural gas prices and other raw materials is set to inflate the fertilisers subsidy bill by a whopping 62 per ce...
- Government's fertiliser subsidy bill to skyrocket on rising input prices: CrisilTo encourage farmers to use fertilisers for better crop yield, the government keeps their retail sales price (RSP) significantly lower than...
- Fall in rupee, rising gas costs to increase urea subsidy shortfall to Rs 9,000 croreThe Indian rupee has depreciated nearly 7.2% against the US dollar since the start of FY2018
- Weak rupee, rising gas cost to up urea subsidy deficit: ReportPhosphatic and potassic (P&K) players have also witnessed rising raw material prices in recent quarters, particularly for phosphoric acid, ...
- India Ratings pegs fertiliser subsidy for FY16 at Rs 71,000 croreInd-Ra expects subsidy bills to increase to around Rs 71,000 crore (at a gas price of about USD 6.0/mmbtu) for FY16 from around Rs 65,000 c...
- Urea shortage: Dealers make hay, farmers hitThe fertiliser import data for April-December 2014 showed that India’s urea imports were down 4.3% year-on-year to 6.3 million tonnes.
- Budget 2014: Fertiliser Ministry faces liquidity crunch to pay subsidy, looking for more fundsFert Min has exhausted subsidy funds meant for indigenous urea manufacture and is looking for release of more funds in the Budget.
- No proposal to increase urea prices, says governmentThere is no proposal for raising urea prices and the rates would remain at current level, Fertiliser Minister Ananth Kumar said.
- Government stops domestic natural gas supply to Deepak FertilisersGovernment has stopped supply of domestic natural gas to Deepak Fertilisers, saying it manufacturers non-subsidised crop nutrients and as s...
- Ministerial panel recommends hike in fixed cost paid for ureaA ministerial panel recommended increase in fixed cost paid to urea by Rs 350 per tone but there will be no increase in the rate of crop nu...
- GoM over urea pricing policy to meet this weekFertiliser Ministry has moved a proposal to raise the fixed cost of production of urea by 350 per tonne by taking base year as 2008-09.
- Fertiliser Ministry mulling hike in urea fixed cost; subsidy may riseFertiliser subsidy on urea may go up by Rs 350 per tonne as fertiliser ministry is seriously considering industry's demand to raise fixed p...
- IFFCO pitches for urea decontrolIFFCO today advocated decontrol of urea to solve problems plaguing the sector and said the crop nutrient should be a freely importable comm...
- India Ratings maintains a stable outlook on its rated fertiliser companiesnutrient-based subsidy (NBS) scheme.After the introduction of NBS,.
- Fertiliser subsidy payments of Rs 11,100 crore pendingThe subsidy payments to the tune of about Rs 11,100 crore for imported urea and phosphatic and potassic fertilisers are pending due to shor...
- States SOS Centre as nation faces 3 mt urea shortfallImports won't come cheap as global prices have surged $100/T to $360/T in a year.
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